Distoken Quick Ratio from 2010 to 2024

DIST Stock   11.37  0.17  1.52%   
Distoken Acquisition Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.22750434
Current Value
0.24
Quarterly Volatility
0.08217754
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Distoken Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Distoken Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 167.8 K, Other Operating Expenses of 1.2 M or Total Operating Expenses of 1.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.2. Distoken financial statements analysis is a perfect complement when working with Distoken Acquisition Valuation or Volatility modules.
  
Check out the analysis of Distoken Acquisition Correlation against competitors.
For more information on how to buy Distoken Stock please use our How to Invest in Distoken Acquisition guide.

Latest Distoken Acquisition's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Distoken Acquisition over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Distoken Acquisition's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Distoken Acquisition's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Distoken Quick Ratio Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.0003
Coefficient Of Variation261.41
Mean Deviation0.05
Median0.000079
Standard Deviation0.08
Sample Variance0.01
Range0.2399
R-Value0.59
Mean Square Error0
R-Squared0.35
Significance0.02
Slope0.01
Total Sum of Squares0.09

Distoken Quick Ratio History

2024 0.24
2023 0.23
2022 0.00305
2021 1.18E-4

About Distoken Acquisition Financial Statements

Distoken Acquisition shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Distoken Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Distoken Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Distoken Acquisition's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.23  0.24 

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Additional Tools for Distoken Stock Analysis

When running Distoken Acquisition's price analysis, check to measure Distoken Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Distoken Acquisition is operating at the current time. Most of Distoken Acquisition's value examination focuses on studying past and present price action to predict the probability of Distoken Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Distoken Acquisition's price. Additionally, you may evaluate how the addition of Distoken Acquisition to your portfolios can decrease your overall portfolio volatility.